News Overview

On 25 April 2022

Copper stayed largely supported on Chinese economic cues. COMEX Copper hit around two week high of $4.84 per pound before mixed US equities pulled it down a little. Chinas economy grew at 4.8 per cent in the first quarter, falling below the 5.5 per cent target set for this year by the ruling Communist Party, amidst a surge in COVID-19 cases, which prompted top business […]

The lenders board will consider a bonus share issue on 26 April 2022.

COMEX Gold futures hit five week high, approaching near $2000 per ounce mark. MCX Gold futures moved up above Rs 53000 per 10 grams. The escalation in the Russia-Ukraine warfare could cap losses for the metal. Media reports stated that Russia is building up troops and military equipment along Ukraines eastern border ahead of an expected offensive in the Donbas region. Fresh attacks have been […]

The US National Association of Home Builders released a report on Monday showing a continued deterioration in U.S. homebuilder confidence in the month of April. The report showed the NAHB/Wells Fargo Housing Market Index fell to 77 in April from 79 in March. The housing market index declined for the fourth consecutive month, sliding to its lowest level since hitting 76 last September. Powered by […]

Mindtree: The IT company reported 8.1% rise in consolidated net profit to Rs 473.10 crore on 5.4% increase in revenue to Rs 2897.40 crore in Q4 March 2022 over Q3 December 2021. As compared to Q4 March 2021, the companys consolidated net profit and revenue increased by 49.1% and 37.4%, respectively. Meanwhile, Mindtree clarified that reports of a merger between Mindtree and L&T Infotech are […]

The high rate of inflation is primarily due to the rise in prices of crude petroleum and natural gas, mineral oils, basic metals, etc.

This product will be manufactured at Lupin's Nagpur facility in India.

The broad-based portfolio of assets ensures diversified yet stable revenue sources including 25-year fixed-price PPAs for grid connected utility scale projects, the company said in the filing.

SGX Nifty: Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 20 points at the opening bell. Global markets: Overseas, Asian stocks are trading mixed on Tuesday, as investors watched for market reaction to Chinas central bank announcing financial support for Covid-hit sectors. On Monday, the Peoples Bank of China announced it will increase financial support for […]